$269,550
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1,952 SqFt
SOLD DATE : 09/24/2026
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,952 sqft
Price per Sqft $138
Subdivision Chimney Hill Estates 2Nd Repla
MLS Listing ID 605902
Sold Date 09/24/26
Style Traditional
Construction Status Resale
HOA Y/N No
Year Built 1979
Lot Size 0.255 Acres
Acres 0.2552
Property Sub-Type Quadruplex
Property Description
Investor Opportunity – Fully Leased Fourplex
Strong cash-flowing fourplex with all four units currently leased at $650/month, producing $2,600 in gross monthly income and $31,200 annually. With a cap rate of approximately 8%, this property offers investors a stable income-producing asset with consistent rental demand.
Each unit is a 1 bedroom / 1 bathroom layout, a highly desirable configuration for workforce housing and long-term tenants. The property is currently performing with stable occupancy and reliable rental income already in place.
Owner pays water, while tenants handle their own remaining utilities, helping keep operating costs manageable.
This is a solid opportunity for investors seeking steady cash flow, stabilized occupancy, and an attractive cap rate in a small multifamily asset.
Location
State TX
County Bell
Interior
Interior Features Tub Shower, Walk-In Closet(s)
Heating Central, Electric, Multiple Heating Units
Cooling Central Air, Electric, 3+ Units
Flooring Vinyl, Wood
Fireplaces Type None
Fireplace No
Appliance Multiple Water Heaters, Oven, Refrigerator, Some Electric Appliances
Laundry None
Exterior
Fence Wood
Pool None
Utilities Available Electricity Available
View Y/N No
Water Access Desc Public
View None
Roof Type Composition,Shingle
Accessibility None
Building
Story 1
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories One
Construction Status Resale
Schools
Elementary Schools Peebles Elementary School
Middle Schools Rancier Middle School
High Schools Killeen High School
School District Killeen Isd
Others
Tax ID 109303
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Financing VA
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